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$10 million renovation of GreenStreet, a 610,000-square-foot downtown Houston development, is underway. The project, led by Dallas-based Rebees, aims to revamp the property's retail, dining, and office spaces over the next year. The first phase will transform the former Forever 21 building into a 22,000-square-foot restaurant space with a rooftop patio.

    Rebees plans to create an alleyway experience with storefronts and signage that guide visitors through the development. "We think this project is screaming for an alleyway experience," said Matt Ragan, Rebees' director of repositioning. "You want to find the best dumpling shop and then bounce to a cool little speakeasy tucked behind it."

    The 11-story office building will receive patios and speculative suites to attract tenants, with 183,000 square feet available for lease. The retail lineup will build on existing restaurants like Guadalajara and Tom's Watch Bar, while Punch Line comedy club is part of the refresh.

    Rebees aims to make GreenStreet carbon-neutral by installing solar panels. The development has had a "checkered history," but Rebees is excited about bringing something unique and relevant to downtown Houston.